MSP Sports Capital 'withdraw' from Everton investment talks | OneFootball

Everton’s plans to improve their financial situation have been thrown into disarray after MSP Sports Capital ‘withdrew’ from discussions.

According to the Athletic, the New York-based investment group are no longer planning to pursue a £150m cash injection at Goodison Park.

MSP signed a reported exclusivity agreement with the Toffees’ majority shareholder Farhad Moshiri in May ahead of their expected arrival.

A breakthrough had been expected towards the end of the summer transfer window as both parties completed a due diligence process.

The Athletic’s report also claims that Everton’s existing lenders, Rights and Media Funding Limited, were the main obstacle to a potential deal.

However MSP are still set to provide a £100m loan to the club through the holding company which is overseeing construction on Bramley-Moore Dock.

Sean Dyche’s side entertain Wolves on Saturday as they aim to move off the foot of the Premier League table after losing their opening two games.